Main menu

Redevelopment

Past Redevelopment Successes

Redevelopment of well-located communities offers significant opportunities for Aimco to create value for our customers and company. Through thoughtful planning and design, we are able to extend the lifespan of our communities, offer improved surroundings and services to our residents, and contribute to the vibrancy and economic development of the cities in which we do business.

Redeveloping our apartment communities gives us the flexibility that does not come with ground-up developments. We can respond quickly to market conditions by increasing or decreasing volume according to demand, and we take advantage of repurposing our buildings – using existing infrastructure and promoting a more sustainable living environment. At the core of our corporate mission we are dedicated “to consistently provide quality apartment homes in a respectful environment.” Our redevelopment efforts allow us to do just that, and help us to focus on delivering a high-quality and updated product that builds credibility and goodwill with our residents and surrounding neighborhoods.

Indigo Apartment Homes

Indigo Apartment Homes in downtown Redwood City is centrally located between San Francisco and San Jose. This brand new community features 463 luxury apartment homes and penthouses complete with modern interiors and three unique interior design schemes.

One Canal Apartment Homes

One Canal, located in Boston’s historic North End, features 310 luxury apartment homes and penthouses. The brand-new, pet-friendly homes offer contemporary interiors with quartz countertops, stainless steel appliances, wood flooring, high ceilings, and unsurpassed city views.

One Canal’s world-class amenities include a one-of-a-kind rooftop social deck with swimming pool, fireplace lounge, outdoor theater and breathtaking 360-degree city views. The community also features the area’s fastest residential Wi-Fi connection, fitness center with separate spin and yoga studio, club room with billiards, an outdoor courtyard, 24-hour concierge service and dog wash.

The community is located near the Boston Garden, one block from North Station and adjacent to the historic North End offering excellent access to public transit, the Government Center, Financial District, and Massachusetts General Hospital employment centers, popular dining, recreation, and shopping amenities nearby.

The property boasts 20,000 square feet of commercial space home to City Winery, a world-class restaurant and concert venue, opening summer 2017.

Park Towne Place Apartment Homes

Park Towne Place includes 948 apartment and penthouse homes within four high-rise towers. The community is nestled between green acres on the Benjamin Franklin Parkway in the heart of Center City Philadelphia’s Museum District. Park Towne Place features a 20,000 square foot amenity center with more on-site amenities than any other community within the city.

The Sterling Apartment Homes

The Sterling is a 30-story high-rise located in Center City’s Market West neighborhood, five blocks from Rittenhouse Square and one block of Comcast Center. It features newly renovated apartment homes with designer kitchens, GE Clean steel appliances, premier bathrooms, granite countertops, European-inspired cabinets and the largest floor plans in Center City.

Brand new amenities include an ultra-sleek rooftop with resort-style pool, social deck, and three-season barbecue area with fire pits and outdoor TVs. The community's new, 2,667 sf, 24-hour fitness center features cardio and strength machines and LifeFitness equipment with programmed workouts, personal TVs and USB charging stations.

The Sterling has three floors of commercial space and over 20,000 square feet of ground-level retail.